FSA Limit Increase Coming in 2018

In their 2018 inflation adjustments, the IRS has announced an increase to the contribution limits for the following pre-tax benefit accounts:

  • +$50 for Healthcare FSA’s annual contribution limit—total of $2,650/yr
  • +$5 for Transit Account’s monthly max—total of $260/mo
  • +$5 for Parking Account’s monthly max—total of $260/mo

All other pre-tax benefit accounts’ contribution limits remain unchanged.

Click here for the complete details on the 2018 Inflation Adjustments.

Click here to track all current IRS benefits limits (TASC website).